StableX Academy

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114 plain-English lessons Β· 15 modules

OTC (Over-The-Counter) Trading

OTC trading is a direct, privately negotiated trade between two parties, off the public order book.

In depth

Large orders placed on an open exchange can move the price against the buyer. An OTC desk quotes a single all-in price for the full size and settles it directly, avoiding slippage and signalling. It is how institutions, funds and high-net-worth clients typically transact.

A trader and a desk exchanging a quote card ("Buy 50 BTC @ β‚ΉX all-in") beside a public order book showing how the same order would walk up the price.

Why it matters

StableX’s OTC desk exists precisely for this β€” large, discreet fills at a firm price.